“Private property and capitalism also provide strong incentives to preserve resources for the future, whereas political resource allocation under democracy tends toward immediate gratification.” — Thomas J. DiLorenzo Copy Share Image
“Modern governments actually spend relatively little on programs and systems that benefit all citizens, such as national defense or the judicial system; mainly they are concerned with infringing on the property rights of one (less politically powerful) group of citizens… — Thomas J. DiLorenzo Copy Share Image
“in reality, after the fall of communism in the late 1980s the world learned of some of the worst environmental disasters imaginable—rivers so polluted that they caught on fire; forests turned into deserts; soil so polluted with chemical fertilizers that nothing would grow; floating islands of untreated sewage a mile long and three miles wide in the Soviet Union’s Lake… — Thomas J. DiLorenzo Copy Share
“When it comes down to it, what are being traded in a capitalist economy are property rights—the ownership rights in goods and services.” — Thomas J. DiLorenzo Copy Share Image
“One way of minimizing costs is to figure out how to manufacture a product with the least possible resources. In the telecommunications industry, for… — Thomas J. DiLorenzo Copy Share Image
“Private property and capitalism also provide strong incentives to preserve resources for the future, whereas political resource allocation under democracy tends toward immediate gratification.” — Thomas J. DiLorenzo Copy Share Image
“We who live in capitalist countries tend to take all of this—property rights, free-market pricing, entrepreneurship—for granted, but every socialist country that has ever… — Thomas J. DiLorenzo Copy Share Image
“Except for spending to protect property rights, enforce the law, and protect citizens from foreign aggressors, all government spending crowds out private spending and… — Thomas J. DiLorenzo Copy Share Image
“Modern governments actually spend relatively little on programs and systems that benefit all citizens, such as national defense or the judicial system; mainly they… — Thomas J. DiLorenzo Copy Share Image
